609, Royal Bay
Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 609, Royal Bay
What is 609 worth today?
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Source: Dubai Land Department. Updated 27 June 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,424 sqft
- Floor
- 6th of 9
- Parking
- B-59
- Developer
- Azizi Developments
- Completed
- 2017
- Service charge
- AED 29,800 /yr
- Last sold
- AED 2.98M · August 2023
- Building
- Royal Bay
About 609, Royal Bay
609 is a two-bedroom hotel apartment of 1,424 sqft on the 6th floor of Royal Bay, a 9-storey tower in Palm Jumeirah completed in 2017 by Azizi Developments. It last sold on 16 August 2023 for AED 2,975,000, or AED 2,088 per sqft.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 27 June 2024, is AED 215,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 29,800 a year.
Sales and rents for 609 over time
609 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Royal Bay, and where 609 sits
All 30 2-beds →Over the last 12 months two-beds sold for AED 2,800,000 to 3,600,000, around AED 2,126 per sqft, and rent for AED 135,000 to 210,000 a year. 609's AED 215,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Mar 202610 March 2026 | 1,516 sqft | 2,800,000 | 1,846 | ||
| 7 Jan 20267 January 2026 | 1,633 sqft | 2,800,000 | 1,714 | ||
| 10 Dec 202510 December 2025 | 1,481 sqft | 3,600,000 | 2,430 | ||
| 10 Dec 202510 December 2025 | 1,475 sqft | 3,550,000 | 2,406 |
Royal Bay
Building90 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2017 by Azizi Developments. 8 sold in the last 12 months.
- Typical price per sqft
- AED 2,245
- Typical sale
- AED 2.8M
- Typical rent
- AED 120K /yr
- Typical yield
- 5.4%
Other units on the 6th floor
All 90 units in Royal Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 862 sqft | AED 2MAED 2,000,000 · Dec 2023December 2023 | 130,000 /yr | |
| 602 | 1-bed | 1,070 sqft | AED 2.45MAED 2,454,001 · Jul 2017July 2017 | 120,000 /yr | |
| 603 | 2-bed | 1,516 sqft | AED 2.8MAED 2,800,000 · Mar 2026March 2026 | 157,500 /yr | |
| 604 | 1-bed | 821 sqft | AED 1.35MAED 1,350,754 · May 2021May 2021 | 120,000 /yr | |
| 605 | 1-bed | 1,143 sqft | AED 1.67MAED 1,666,850 · Aug 2024August 2024 | 100,000 /yr | |
| 606 | 1-bed | 899 sqft | AED 1.6MAED 1,603,320 · Apr 2024April 2024 | 85,000 /yr | |
| 607 | 1-bed | 943 sqft | AED 1.47MAED 1,471,900 · Feb 2023February 2023 | 110,000 /yr | |
| 608 | 2-bed | 1,475 sqft | AED 4.08MAED 4,076,156 · Jun 2017June 2017 | 109,250 /yr | |
| 610 | 1-bed | 1,101 sqft | AED 2.44MAED 2,435,000 · Aug 2016August 2016 | 70,000 /yr | |
| 611 | 2-bed | 1,404 sqft | AED 3MAED 3,000,000 · Jul 2024July 2024 |
609, Royal Bay in numbers
- Sold twice: first on 17 July 2019 for AED 3,370,000, last on 16 August 2023 for AED 2,975,000 (AED 2,088 per sqft).
- Rented since August 2020 on 5 Ejari contracts, from AED 105,000 to AED 215,000 a year.
- At AED 215,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 29,800 a year (AED 20.94 per sqft).
- Two-beds in Royal Bay sold for AED 2,800,000–3,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,245 per sqft.
Source: Dubai Land Department. Updated 27 June 2024.
Questions about 609, Royal Bay
What did unit 609 last sell for?
AED 2,975,000 on 16 August 2023: AED 2,088 per sqft for 1,424 sqft. The unit has 2 registered sales; the first was AED 3,370,000 in July 2019.
What is the rent for unit 609?
AED 215,000 a year on the contract signed on 27 June 2024. The previous contract, from September 2022, was AED 155,000; the unit has been rented since August 2020.
How big is unit 609?
1,424 sqft (132.3 sqm): a two-bedroom hotel apartment on the 6th floor of a 9-storey tower completed in 2017.
What is unit 609 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Royal Bay sold for AED 2,800,000 to 3,600,000 in the last 12 months, around AED 2,126 per sqft.
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Mortgage on 609, Royal Bay
Starts from the last sale price (AED 2.98M, 16 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,975,000
- Deposit, UAE resident (20%)
- AED 595,000
- Deposit, non-resident (40%)
- AED 1,190,000
- Monthly over 25 years at 3.7%
- AED 12,172
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →